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Industrial Land with Retail Zoning
For Sale
$10,575,000

327 N Telegraph Rd, Waterford, MI 48328

Large land holding with light-industrial and retail zoning across the Oakland County Business Center.

Property Size920,000 SF
Price / SF$11.49
Days on Market704

Property Features for 327 N Telegraph Rd

General Information

Standard status Active
Size 920,000 SF
Property subtype Land
Zoning M-2

Building Details

Building Size 920,000 SF
Listing Agency: Signature Associates - Southfield
Listed By: Steven G. Gordon
Source: Cpix.resimplifi
Added: Nov 12, 2024 Changed: Oct 10 Last Checked: Oct 16 at 5:52AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Signature Associates - Southfield

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Investment Insights

Based on property information with market context.

This 47-acre land holding is located within the Oakland County Business Center and includes multiple zoning designations. Of the total acreage, 38.60 acres carry M-2 Light Industrial zoning, while 8.40 acres are designated OV-SP for retail use.

The property is identified as an Opportunity Zone and includes a 10-year tax abatement. Its location at 327 N Telegraph Rd in Waterford, Michigan, provides a defined address for evaluating industrial and retail-oriented development scenarios supported by the stated zoning classifications.

Key Highlights

  • 47 acres total within the Oakland County Business Center
  • 38.60 acres zoned M‑2 Light Industrial
  • 8.40 acres zoned OV‑SP (Retail)

Property Analytics

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Current Use

Commercial land

Suggested Use

Top Pick Real Estate Agency Big Box & Wholesale Store Building Supply Restaurant Law Firm Spa & Massage Center

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

579
Businesses Nearby

Demographics for 48328, MI

24,178
Population
11,938
Households
2
Avg Household Size
43
Median Age
27%
College-Educated
93%
High-School Grad
8.9 sq mi
ZIP Area
2,717
Density / Sq Mi
$69,788
Median Household Income
$42,084
Median Earnings
$1,041
Median Rent
$210,800
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Vacancy Rate% for Industrial in Midwest region

4.4% 2019
4.9% 2020
3.6% 2021
3.1% 2022
4.6% 2023
5% 2024
4.9% 2025

Frequently Asked Questions

What type of property is this?
Industrial land - Large land holding with light-industrial and retail zoning across the Oakland County Business Center.
Where is this industrial land located?
The property is located at 327 N Telegraph Rd Waterford, MI.
What is the asking price?
The asking price for this property is $10,575,000.
What are key features of this property?
This property features: 47 acres total within the Oakland County Business Center; 38.60 acres zoned M‑2 Light Industrial; 8.40 acres zoned OV‑SP (Retail)
More about this property
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